Could M2 expansion benefit Bitcoin?
Here is my opinion in light of recent events, although not investment advice but worth reflecting: The Fed is beginning to identify signs of serious cracks in the US bond market. There will be no longer the money from the export of dollars that the trade surpluses generated in favor of the Asian tigers. There will be no longer this money to buy treasuries, bonds and government securities issued by the US Treasury Department. There will be no longer this money, what will replace the Asian tigers will be the M2. I would not doubt that BTC in the next few days could eventually explode to 85,000 or 87,000. It is not a question of catching the falling knife, as some say, it is a question of mathematics. If the Fed does not turn on the money printer immediately, the world as we know it will simply disappear. I'd like to hear your thoughts about how this could benefit Bitcoin in the mid to long term. submitted by /u/daveinit8 [link] [comments]
Here is my opinion in light of recent events, although not investment advice but worth reflecting:
The Fed is beginning to identify signs of serious cracks in the US bond market. There will be no longer the money from the export of dollars that the trade surpluses generated in favor of the Asian tigers. There will be no longer this money to buy treasuries, bonds and government securities issued by the US Treasury Department. There will be no longer this money, what will replace the Asian tigers will be the M2. I would not doubt that BTC in the next few days could eventually explode to 85,000 or 87,000. It is not a question of catching the falling knife, as some say, it is a question of mathematics. If the Fed does not turn on the money printer immediately, the world as we know it will simply disappear.
I'd like to hear your thoughts about how this could benefit Bitcoin in the mid to long term.
[link] [comments]